Fraport: EU approves acquisition in Turkey

(CercleFinance.com) - Under EU Merger Regulations, the European Commission has approved the acquisition of joint control of Fraport TAV Antalya Terminal Isletmeciligi, based in Turkey and controlled by Aéroports de Paris, based in France, by TAV Airports, based in Turkey, and Fraport, based in Germany.


The transaction mainly concerns the airport operations market.

The Commission concluded that the proposed concentration would not raise competition concerns, given the limited impact on the European Economic Area. The notified transaction was examined under the simplified merger control procedure.


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